Jesons Industries IPO
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About Jesons Industries
Jesons Industries, founded in 1999, manufactures coating emulsions and water-based pressure-sensitive adhesives for industries such as paints, packaging, construction, and textiles. The company holds a significant market share in both coating emulsions and adhesives in India. With seven manufacturing facilities and exports to over 48 countries, Jesons offers a diverse product range and has a strong customer base. Its focus on research and development supports the creation of customized solutions for various industrial applications.
Financials of Jesons Industries
*All figures are in ₹ Crores.
Issue size
| Funds Raised in the IPO | Amount |
| Overall | – |
| Fresh Issue | ₹300 crores |
| Offer for sale | – |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Repayment/prepayment of outstanding borrowings | 165(55%) |
| Capital expenditure | 77.9(25.9%) |
| General corporate purposes | (not above 25% of the gross proceeds) |
Strengths
- Leading player in coating materials and adhesives
- Broad geographic presence across India and global markets
- Diversified product range with customised solutions
- Strategically located, flexible manufacturing facilities
- Efficient supply chain and strong export capabilities
- Wide customer base with long-term relationships
- R&D-driven product development
Risks
- Pending litigations with potential adverse impact
- Exposure to raw material cost and supply fluctuations
- Limited long-term customer contracts; risk of demand reduction
- Vulnerability to foreign exchange fluctuations
- Manufacturing operations on leasehold and freehold land
- Contingent liabilities that may impact financials